U.S. and Canadian Mint Dysfunction Snowballs as Silver Coin Premiums Rise

Lower precious metals prices on Wall Street aren’t necessarily bringing lower prices on Main Street. The retail market for gold and silver coins, bars, and rounds has been swamped with high demand since mid June.  Both the U.S. Mint and the Royal Canadian Mint continue to run into serious issues keeping up with retail silver … Read more

Investment Silver Demand Draining COMEX Vaults

If there are words to characterize the precious metals markets for July, it would be “divergences” and “shortages.” There was heavy selling in the leveraged futures market and extraordinary buying demand and shortages in physical coins, rounds, and bars. Despite turmoil surrounding Greece and a huge sell-off in Chinese equities, traders dumped wheelbarrow loads of … Read more

How to Obtain Silver Coins and Rounds in Short Supply

There are two kinds of constraints when it comes to supply in the physical markets, and anyone building a position in physical metal needs to know the difference. The first type is temporary. The other signals a sea change, the rush for physical metal going mainstream. When it happens, it’ll be “go time” in the … Read more